Tesla’s VP of Finance Departs After 11-Year Tenure, Reflecting Company’s Exponential Growth
Tesla’s Vice President of Finance and Business Operations, Sreela Venkataratnam, has announced her departure from the electric vehicle giant after an impressive 11-year stint. Her exit marks the end of an era that saw Tesla transform from a niche automaker…
Chinese Tech Giants Surge Ahead in EV Market While Western Counterparts Falter
Chinese tech companies are making significant strides in the electric vehicle (EV) market, outpacing their Western counterparts in innovation and sales. This story, as reported by The Economist, highlights the growing dominance of Chinese firms in the EV industry. The…
Lucid Motors Unveils Plans to Challenge Tesla’s EV Dominance
Lucid Motors, a rising star in the electric vehicle (EV) market, has revealed ambitious plans to expand its lineup and potentially capture market share from industry leader Tesla. The California-based automaker, currently known for its high-end Air sedan, is setting…
Ford Shifts Gears: Hybrid SUVs Over Full EVs for Family Market
Ford is rethinking its electric vehicle strategy, betting that hybrid technologies might be more appealing to family car buyers than full EVs. This shift comes amid concerns over high EV prices and range anxiety, according to a recent report from…
Swedish Study Reveals EV Drivers Take Longer Journeys Than ICE Car Owners
A recent study by Swedish social research company Sifo and charging box company Zaptec has uncovered an unexpected trend in driving habits: electric vehicle (EV) owners are taking longer journeys than their internal combustion engine (ICE) counterparts. Range Anxiety: A…
EU Lowers EV Import Tariffs, China Pushes Back
China has strongly criticized the European Union’s decision to impose tariffs on electric vehicle (EV) imports, despite the EU lowering duties for several major EV manufacturers, including Tesla. This information comes from a recent CNBC report. Beijing’s Stance on EU’s…
Volkswagen’s Electric Mini Bus Finally Arrives in the US
According to a recent video by tech reviewer MKBHD, Volkswagen’s highly anticipated electric mini bus, the ID. Buzz, is finally making its way to the United States. This modern take on the iconic 1960s VW Bus aims to blend nostalgia…
Lucid’s Gravity SUV Aims to Elevate EV Market with Innovative Design and Efficiency
Lucid Motors is gearing up to launch its highly anticipated Gravity SUV, bringing a fresh perspective to the electric vehicle market. According to The Verge, the automaker is on track for its first customer deliveries later in 2024 A Frunk…
Tesla Recalls Over 9,000 Model X SUVs Due to Faulty Roof Trim
Tesla is initiating a recall for more than 9,000 Model X SUVs in the United States due to a potential safety issue with the roof trim, according to Forbes. The Recall Details The National Highway Traffic Safety Administration (NHTSA) has…
BMW’s Electric Mini Catches a Break: Lower EU Tariffs on the Horizon
BMW’s China-produced electric Mini is set to benefit from a reduced tariff of 21.3% in the European Union, according to a recent report from Reuters. This development comes as part of the EU’s latest draft tariff document on duties for…
Uber Accelerates EV Transition with Ex-Tesla Exec at the Helm
Uber Technologies is gearing up for a greener future by bringing on board a former Tesla executive to spearhead its electric vehicle (EV) transition. According to a memo obtained by Reuters, Rebecca Tinucci is set to join the ride-hailing giant…
EV Efficiency Improvements Could Slash Costs and Reduce Grid Stress
A new report from the American Council for an Energy-Efficient Economy (ACEEE) highlights the potential benefits of improving electric vehicle efficiency. The research, published Tuesday, suggests that enhancing EV efficiency could lead to significant cost savings and reduced pressure on…
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